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Originally Posted by NajdorfDefense
Depends if you think people wagering money, in aggregate, know more than Nate's model.
They don't, as evidenced by all of your comments last election cycle about how Romney was going to defy convention and win.
The most likely result this time around is an R victory, but it's a lot closer than the presidential race was and Romney was something like a 3-1 dog on intrade the day before.
Electoral-vote.com puts the polling averages into an easy to read graph and while the medium outcome on polling averages is currently 52R, I think Alaska, Colorado and Iowa are all non-zero chances for the Ds (especially Alaska with the D's GOTV advantage on election day) and the polling is within the margin of error, although R favoured, in CO and IA. I think it's likely the Dems win 1 in 3 on average and end up on 49, but 50 isn't out of the question by any means. You have to remember that GA and LA won't be settled on election night and will go to run-offs, which means even if the Ds end up on 48 or 49, there's effectively going to be a second election with the two runoffs and if they're on 49, something can still go wrong for a R candidate in either race before the runoff (with senate control on the line, spending on GOTV efforts will be huge, and higher turnout for Ds could happen in theory)
The most likely outcome imo is that the Ds win every race they're ahead in (NC could still go R but the polls would have to be wrong), Orman wins KS and the Ds win one other race which brings them to 49 and the LA/GA runoffs deciding the senate (likely 51-49R but who knows)
All it would take is Begich's GOTV with the usual non-voting tribes and the Dems to somehow get higher turnout than expected in IA or CO though and that gets them to 50. On average they'll only get 1 of the 3 but 2 is very possible. They shouldn't be competitive at this point in the cycle and the Rs should have it in the bag, but I think Rs being a 2-1 or 3-1 fav seems about right, and I actually think the Rs are sub 50% to lock it up on election night with LA/GA runoffs very likely. I'd say we can go with 49-53 Rs with reasonable confidence with the most likely outcome being 52R, but it'll be lower than 52 more often than higher.
Barring a strong republican 2016 candidate and a big win in the presidential election it's going to be a D senate again in 2016 though, looking at the 2010 wave class, Johnson is a huge dog in WI, Toomey is a huge dog in PA, Kirk is a huge dog in Illinois. I'd assume at least 2 out of the 3 will lose in a presidential year and probably all three if the D candidates are competent. If any books offer early markets i'd comfortable fade all three for re-election at evens (or if anyone here wants to give me action)
Ayotte is a flip in NH, depends how she does as a Senator in next two years and how good the D candidate is.
Races that could be competitive include Burr in NC, Portman in OH, Blunt in MO, Rubio in FL. All start as favourites though.
Democrats that are vulnerable are Reid in NV and Bennet in CO - both would start as a favourite though in a Presidential year.
I'd say on average we'd expect the Rs to lose 3 seats from their most vulnerable four and one other seat for 4 total, and the Dems to lose about 1 seat for a net gain of 3 in a neutral year, although that number will be much higher if the Ds win the Presidential election and probably lower but still a net gain for Ds if the Rs win unless it's a landslide R win. I'd happily take at least 2/4 of Ayotte, Johnson, Toomey and Kirk lose re-election in 2016 @ evens if anyone likes the incumbents or give a line of Dem net pickup -2.5 seats @ evens
Back on 2014, is anyone surprised that Orman is still at evens with Roberts? He's been leading in most polls most of the time for the past few weeks. I wonder how his GOTV effort is looking and whether the Dem machine will be assisting him or not...